Settings8H · net · $10k
Funding arb · Price arb /

LQTY

all LQTY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX0.000%7-day average −0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$950.950% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.029%−$3 on $10k
Price spread, last 4 days (all we have)−0.047%−$5 · spread now 0.000%, 7d avg −0.066%
Together, before fees−0.076%−$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.066% dearer against BingX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.066%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX LQTY-USDT0.23390.0100pay 0.0100% / 8h7h 56m$1.4M
ShortMEXC LQTY_USDT0.23390.0100get 0.0100% / 8h7h 56m$285K$147K200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: 0.000% → −0.066%
$6.64
Slippage, 4 orders
−$80.98
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$88.34
Costs to cover
0.950%
Break-even
never at this rate
Slippage from BingX: live order book, 4 min ago; MEXC: live order book, 23 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 4 min ago4.28 bp31.8 bp −$3296.9 bp −$969482.9 bp −$48.3K532.2 bp −$266.1K
Sell MEXC live order book, 23 min ago2.14 bp15.9 bp −$1677.9 bp −$779167.3 bp −$16.7K382.8 bp −$191.4K

LQTY on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance LQTYUSDT+0.0100%8h0.2338−0.029%$1.3M$1.7M50xas long as short
Bybit LQTYUSDT+0.0100%8h0.2342+0.128%$334K$184K20xas long as short
OKX LQTY-USDT-SWAP+0.0100%8h0.2336−0.128%$223K$395K10xas long as short
Gate LQTY_USDT+0.0100%8h0.2340+0.043%$75K$39K50xas long as short
MEXC LQTY_USDTshort+0.0100%8h0.23390.000%$285K$147K200x
KuCoin LQTYUSDTM+0.0100%8h0.2337−0.086%$196K$24K30xas long as short
Bitget LQTYUSDT+0.0100%8h0.23390.000%$128K$107K50xas long as short
BingX LQTY-USDTlong+0.0100%8h0.2339long leg$1.4M
Variational Omni LQTY+0.0100%8h0.2337−0.099%$29K$17Kas long as short
Kraken Futures PF_LQTYUSD+0.3352%1h0.2345+0.246%$5K$8K10xas long as short